Kim Savage
Markets Update for 1 March 2019
A brief update of movements in the financial sector. Audio
Hard Brexit fears put NZ business in limbo
The UK is moving closer to the Brexit door and there's still no deal in sight forcing New Zealand businesses to join their global counterparts in packing the sandbags in the event of worst case… Audio
Business News for 1 March 2019
News from the business sector, including a market report. Audio
Domestic passenger slowdown gives Air NZ bumpy ride
Soaring fuel prices drove down Air New Zealand's half year bottom line but it's the slowing of demand for domestic flights which has the airline worried about its future take. Audio
Mainzeal verdict
Dame Jenny Shipley and other directors of the failed construction company Mainzeal have been ordered to pay 36 million dollars for continuing to trade while insolvent. Audio
Comvita makes a loss as honey harvest disappoints
The honey producer, Comvita, has made a half year loss of 2-point-7 million dollars from last year's profit of 3-point-7 million. Audio
Evening business for Monday, 25 February
News from the business sector, including a market report. Video, Audio
Business briefs
The Australian owner of Kmart and Bunnings Warehouse has seens its profits skyrocket after selling off the Coles supermarket business and mining interests. Audio
Business briefs
The pharmaceutical and animal products company, Ebos Group's first half net profit is down 4 percent to 67 million Australian dollars, on lower sales. Audio
Sky TV hiking prices
Sky Television has seen its half year profit slump 20 percent as subscriber numbers fall and competition for content hots up. Audio
AMP suffers loss as Kiwisavers cash out
AMP's New Zealand wealth management business has fallen slightly as it sold less advice to investors. Audio
Business briefs
New Zealand Oil and Gas is picking up 15 percent stake in the exploration of the Ironbark prospect off the Western Australian coast. Audio
Business briefs
Buying a home in the lucrative markets of Auckland and Central Otago Lakes has become more affordable in the past year, according to a report by Massey University. Audio
Card spending bounces back in January
Electronic card spending bounced back in January, as consumers bought up large on furniture, appliances and clothing. Audio
Business briefs
The independent directors of the tapware manufacturer, Methven, recommend shareholders accept the 120-million dollar offer from Australian company, GWA. Audio
Business briefs
The listed mobile payments company Pushpay has achieved its goal of cash flow positivity. Audio
Snakk Media directors step-down amid confusion, disagreement
Two directors of the failed mobile advertising company Snakk Media have painted a picture of confusion and broken promises. Audio
The wedding economy: a love story
It's wedding season in New Zealand and dozens of couples are walking up the aisle - or planning to. Kim Savage is one of those planning her Big Day, so she took a look at the current state of the… Audio
Business briefs
Retailers may look to shed more staff in the months ahead with just 30 percent expecting to see prices rise during the next quarter. Audio